Year in Industry – Actuarial - Retail Protection Pricing – Hove – 2027

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities.

Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

About the L&G Year in Industry Placement

Ready to spend a year building your skills, confidence and professional network?

As a Year in Industry student at L&G, you'll join a year long programme and become part of our Future Talent community from day one. Our induction will help you settle in, meet other placement students and graduates, learn about the business and start building connections across L&G. As part of the wider Future Talent cohort, you'll also have opportunities to take part in learning and development events alongside graduates throughout the programme.

Throughout your placement, you'll be supported by the Future Talent team, your line manager, experienced colleagues and your peers. You'll gain hands on experience, develop new skills and learn from people across the business. You'll also have the option to take part in networking and social events, helping you build relationships and grow your network across L&G.

You'll be part of a team, contributing to meaningful work while developing your skills, knowledge and experience.

About the team you’ll join

The Retail Protection Pricing team is responsible for pricing L&G's Retail Protection products. Using data, modelling and analysis, the team explores how customer behaviour, market changes and business performance affect pricing, competitiveness and profitability. As part of the team, you'll learn how large datasets and analytical tools can answer real business questions, while contributing to analysis that supports commercial pricing decisions.

What you could be doing in this role

• Working alongside experienced actuaries and analysts to learn how modelling and analysis support commercial decisions
• Building your understanding of protection products and insurance economics, including customer prices, claims, expenses and reinsurance
• Developing and improving analytical tools and processes, including opportunities to automate recurring analysis
• Supporting repricing exercises by using pricing models and data to explore the impact of different pricing decisions
• Analysing large datasets to identify trends, investigate performance and turn findings into useful commercial insights
• Monitoring the protection market, analysing competitor pricing and identifying changes in L&G's competitive position
• Investigating pricing questions by bringing together customer, market and financial data to suggest potential actions
• Taking greater ownership of analysis and pricing projects as your knowledge grows, and sharing findings with the wider team

As your confidence grows, you'll have the opportunity to take on new challenges, build your skills and make a real impact.

We believe that talent comes from many different backgrounds, experiences and ways of thinking. That's why we're committed to creating an inclusive environment where everyone feels valued, respected and supported to be their best. We encourage you to apply even if you don't meet every requirement in the advert. We're interested in the strengths you'll bring and your willingness to learn.

Joining L&G is more than spending a year with us. It's an opportunity to gain valuable experience, develop new skills and build strong foundations for your future career.

Qualifications

You don’t need prior industry experience to apply. We’ll ask you to meet the role requirements, and we’re looking for people who are ready to learn, contribute and keep building the skills that will help them succeed on the programme. These include:

• On track for a 2.1
• GCSE Maths and English Grade 5
• Studying towards an undergraduate degree in a STEM subject
• A-level Maths or equivalent
• Are open to learning about new topics, ideas and ways of working
• Enjoy finding solutions and learning from challenges
• Can work effectively with others and learn from different perspectives
• Are willing to share ideas, ask questions and learn from feedback

Benefits

• Life assurance
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• We’re creating net-zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in-person experience

Additional information

• We recruit on a rolling basis and expect this vacancy to close before the deadline. To be in with the best chance of securing a role, please submit your application ASAP.

#FutureTalent #FTInternships

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.